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From several dozen entries, Real Estate Forum has compiled its first-ever ranking of the commercial real estate industry's Fastest-Growing Companies: firms that are outpacing their competition and positioned for success in 2016 and beyond. Twenty-eight companies made the inaugural list, which is segmented into four categories by average annual revenue: Heavy Hitters ($1 billion-plus in average annual revenue), Large Companies ($101 million to $999 million), Mid-Sized Companies ($11 million to $100 million) and Small Companies (up to $10 million).
The winners were calculated based on their scores for two fields—revenue growth and headcount growth—over a three-year period. The sum of those scores determined the final ranking of the firm.
HEAVY HITTERS: $1 Billion-Plus in Average Annual Revenue
The Related Group
Miami
OVERALL GROWTH RANK: 1
REVENUE GROWTH RANK: 1
EMPLOYEE HEADCOUNT GROWTH RANK: 1
2014 Revenue: $3,000,000,000
Three-Year Growth in Revenue: 200%
Projected Year-End 2015 Revenue: $2,500,000,000
Number of Employees in 2014: 488
Three-Year Growth in Number of Employees: 98%
2015 Projected Headcount: 500
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Head Executives:
Jorge Pérez, CEO, Founder and Chairman
Carlos Rosso, President, Condo Division
Steve Patterson, President, Related Development
Lissette Calderon, President, International & Strategic Projects
Matt Allen, EVP & COO
Albert Milo, Jr., SVP & Principal, Related Urban
Larry Lennon, President, TRG Management
Primary Business: Owner/Developer
Additional Business: Property/Facility Management
Region of Operation: Southeast
Since its inception in 1979 as an affordable housing developer, the privately held Related Group has built, rehabilitated and managed more than 90,000 condominium and apartment residences, in the process dramatically altering South Florida's urban landscape. The firm is among the largest Hispanic-owned businesses in the US, with a development portfolio of more than 50 projects totaling over $15 billion. It has earned international status for the design and development of luxury condominiums, market-rate rentals, mixed-use centers and affordable properties, often in emerging neighborhoods that impact the lives of all demographics. Time Magazine named Jorge Perez, the Related Group's founder, chairman and CEO, one of the top 25 most influential Hispanics in the US for 2005, and he has made the cover of Forbes twice.
The Florida affiliate of the Related Cos., the Related Group began its current growth trajectory amid the economic downturn. By acquiring distressed properties more aggressively than its competitors, Related was able to lead the way in creating new neighborhoods in Edgewater, where it's currently developing four condo towers; South Miami Avenue; and Hallandale/Sunny Isles. At the same time, it brought on key players in the multifamily, affordable and international real estate sectors, thus diversifying and broadening its reach. Additions to the team included Steve Patterson, president of Related Development; Albert Milo, principal and senior VP of Related Urban; and Lissette Calderon, president of international and strategic projects.
Related also has been branching out beyond its South Florida base, expanding into the rest of the Southeast and international markets over the past several years. In that time, it has developed internationally in Mexico, Brazil, Argentina and Panama, while branching out domestically into Tampa, Atlanta, Texas and the Carolinas with rental and mixed-use projects. The company's affordable and public housing division also continues to work closely with local municipalities on the renovation and new development of public housing through federal tax credits and affordable programs.
Related Urban Development Group, Related's affordable housing division, is currently in the process of securing additional affordable housing contracts. The creation of Related Living, the company's foray into the "lifestyle" property management sector, is also underway with the opening of Hyde Kitchen + Cocktails in Hallandale, Related Group's first beach club. As this new venture develops, Related will continue to partner with major brands such as SBE, Hyde, Michael Schwartz, Auberge, W, Equinox and Soul Cycle—the latter two owned by the Related Cos.
MORE HEAVY HITTERS
CBRE Group Inc.
Los Angeles
OVERALL GROWTH RANK: 2
REVENUE GROWTH RANK: 2
EMPLOYEE HEADCOUNT GROWTH RANK: 2
2014 Revenue: $9,000,000,000
Three-Year Growth in Revenue: 38.46%
Projected Year-End 2015 Revenue: $9,900,000,000 (12 months ending September 30, 2015)*
Number of Employees in 2014: 52,000
Three-Year Growth in Number of Employees: 41%
2015 Projected Headcount: 77,000-plus*
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Head Executive: Bob Sulentic, President & CEO
Primary Business: Brokerage
Additional Businesses: Finance & Investment, Lender/Capital Provider, Consultants & Service Providers, Property/Facility Management, Architecture/Design
Region of Operation: National
The world's largest commercial real estate services and investment firm by 2014 revenue—and, with roots dating back to 1906, among the world's oldest—CBRE Group today has more than 70,000 employees, up from 52,000 at the end of last year. It serves real estate owners, investors and occupiers through more than 400 offices worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting.
A number of those service lines have been enhanced significantly in the past three years through mergers and acquisitions. Between 2012 and 2014, CBRE's acquisitions ranged from domestic and international affiliates to hospitality advisory firm PKF Consulting USA and building consultancy VALTEQ Gesellschaft in Germany. The firm ended 2014 with the acquisition of IVI International, a construction consulting and due diligence firm that has advised on more than 5,000 projects ranging from Hudson Yards in Manhattan to L.A. Live in Los Angeles.
"Adding IVI's accomplished team to our existing capabilities provides a highly sought after service that we can now offer our investor, developer and lender clients throughout the country," Thomas B. McDonnell, president, Americas valuation & advisory services at CBRE, said at the time. Having achieved much of its scale over the years through acquisitions, such as its 1995 addition of Westmark Realty Advisors (now CBRE Global Investors) and its acquisitions in 2003 and 2006 of Insignia Financial Services and Trammell Crow Co., CBRE has also grown through market expansion, talent acquisition and organically increasing its client base.
*Public companies cannot provide projections
Colliers International
New York City
OVERALL GROWTH RANK: 3
REVENUE GROWTH RANK: 3
EMPLOYEE HEADCOUNT GROWTH RANK: 3
2014 Revenue: $1,583,445,000
Three-Year Growth in Revenue: 36.3%
Projected Year-End 2015 Revenue: $1,707,524,000 (US, for 12 months ending September 2015)*
Number of Employees in 2014: 10,380
Three-Year Growth in Number of Employees: 25%
2015 Projected Headcount: 10,922 (as of September 2015)*
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Head Executives:
Jay Hennick, Chairman and Chief Executive Officer
Craig Robinson, President | USA
Ed Alegre, President, Valuation & Advisory Services
Michael Arnette, Director of Legal
Jamie Cobb, Sr., Director, Finance | North America
Keri Fraser, Director, People Services | North America
Joseph Harbert, President, Eastern Region
Dwight Hotchkiss, President, Brokerage Services | USA & National Director, Industrial
Scott Nelson, President, Occupier Svcs. & Corporate Solutions | Americas
Martin Pupil, President, Western Region
Kristen Quillin, Vice President, Marketing & Communications | USA
Dan Spiegel, Executive Vice President, US Operations
Brian Ward, President, Capital Markets & Investment Services | Americas
Karen Whitt, President, Investor Services and Real Estate Management Services | USA
Primary Business: Brokerage
Additional Businesses: Property/Facility Management, Construction Services/Engineering
Region of Operation: National
For Colliers International, the secret sauce is not in what it does but how it does it. The company sees its enterprising culture as a catalyst for employees to think differently, share ideas and create effective solutions that help clients accelerate their success.
Now a global real estate company operating from more than 500 offices across 67 countries, Colliers has deployed $660 million since 2004 to complete over 50 acquisitions around the world, providing an ROI of 15%+. Its focus on strengthening capabilities in major markets and diversifying services has contributed to 30% of its average annual growth.
The 30-year-old company plans to continue expanding its business through both organic growth and acquisitions. The firm's organic growth will be based on providing current clients with more services across more markets. To facilitate this, Colliers has organized its business around core client needs, namely occupier and investor services.
Another major step toward achieving future growth was taken earlier this year, when parent company FirstService Corp. spun off Colliers as a separate, publicly traded company. "With the recent launch of Colliers International as an independent public company, we're at an exciting, transformational period in our history, and better positioned than ever to accelerate the success of our clients and professionals while creating value for our shareholders," FirstService founder Jay Hennick, who assumed the chair of Colliers' chief executive officer following the spin-off, said in June.
*Public companies cannot provide projections
LARGE FIRMS: $101M to $999M in Average Annual Revenue
Avison Young
Toronto
OVERALL GROWTH RANK: 1
REVENUE GROWTH RANK: 1
EMPLOYEE HEADCOUNT GROWTH RANK: 1
2014 Revenue: $258,000,000
Three-Year Growth in Revenue: 124%
Projected Year-End 2015 Revenue: $330,000,000
Number of Employees in 2014: 1,728
Three-Year Growth in Number of Employees: 88%
2015 Projected Headcount: 2,200
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Head Executive: Mark E. Rose, CEO
Primary Business: Brokerage
Region of Operation: International
Date of Inception: 1978
A full-service CRE services firm, Avison Young has 71 offices worldwide (49 in the US) providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multifamily properties. The company attributes its market growth to expansion and the addition of service lines and products, M&As, talent acquisition and an increased client base organically.
The company embarked on its growth strategy in 2008 with the goal of becoming the leading global, full-service real estate solutions company. Since that time, Avison Young has grown from 11 offices, 290 employees and $36 million in revenue in one country to 74 offices, 2,100-plus employees and an estimated $400 million in global revenue (2015) in five countries on two continents. The firm has hired more than 300 key recruits (senior professionals) and completed more than 30 acquisitions during that time period. Key to the company's strategy is a differentiated business model based on a collaborative, principal-led structure, with an open-source architecture and "no-silos" model.
Passco Cos. LLC
Irvine, CA
OVERALL GROWTH RANK: 2**
REVENUE GROWTH RANK: 2
EMPLOYEE HEADCOUNT GROWTH RANK: 5
2014 Revenue: $309,000,000
Three-Year Growth in Revenue: 106.00%
Projected Year-End 2015 Revenue: $400,000,000
Number of Employees in 2014: 56
Three-Year Growth in Number of Employees: -3%
2015 Projected Headcount: 58
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Head Executives:
William "Bill" Passo, Founder and CEO
Larry Sullivan, President
Belden Brown, SVP and National Sales Manager
Tom Jahncke, SVP and President, Passco Capital
Primary Business: Owner/Developer
Region of Operation: National
Date of Inception: 1998
Passco Cos. is a nationally recognized market leader in the acquisition, development and management of multifamily and commercial properties throughout the US. For more than 15 years, Passco has delivered sound investment strategies to clients and partners, enabling them to create, maintain and add value to their portfolios through a full set of real estate services, including investment advice, asset management and brokerage, as well as property development, construction, and management services.
Passco holds a diverse cross section of prime retail, multi-family, office and industrial properties nationwide, and has acquired, managed and/or developed over $3 billion in property since its inception. The firm is involved with 60 properties in 18 states, and is actively growing its investment portfolio in primary and secondary markets.
**Four-way tie for second place
Marcus & Millichap
Calabasas, CA
OVERALL GROWTH RANK: 2**
REVENUE GROWTH RANK: 3
EMPLOYEE HEADCOUNT GROWTH RANK: 4
2014 Revenue: $572,200,000
Three-Year Growth in Revenue: 48.35%
Projected Year-End 2015 Revenue: N/A*
Number of Employees in 2014: 611
Three-Year Growth in Number of Employees: 3%
2015 Projected Headcount: N/A*
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Head Executives:
John J. Kerin, President and CEO
Hessam Nadji, Senior EVP
Marty Louie, SVP and CFO
Primary Business: Brokerage
Additional Businesses: Finance & Investment, Consultants & Service Providers
Region of Operation: National
Date of Inception: 1971
Marcus & Millichap Inc. was founded in 1971 and has emerged as a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services. As of Nov. 5, 2015, the firm has more than 1,500 investment sales and financing professionals in 80 offices in the US and Canada. MMI attributes recent growth primarily to a three-pronged growth strategy, which it has been executing successfully since its October 2013 IPO: growing market share in the private client segment; expanding its specialty divisions and larger transactions; and growing its financing division, Marcus & Millichap Capital Corp.
Looking ahead, the company expects growth in target locations. The plan targets specific regions and metros based on a number of variables and the firm has assigned key executives and managers to those markets.
*Public companies cannot make projections
**Four-way tie for second place
Walker & Dunlop
Bethesda, MD
OVERALL GROWTH RANK: 2**
REVENUE GROWTH RANK: 4
EMPLOYEE HEADCOUNT GROWTH RANK: 3
2014 Revenue: $360,772,000
Three-Year Growth in Revenue: 40.50%
Projected Year-End 2015 Revenue: N/A*
Number of Employees in 2014: 465
Three-Year Growth in Number of Employees: 11%
2015 Projected Headcount: 500
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Head Executive: Willy Walker, Chairman & Chief Executive Officer
Primary Business: Lender/Capital Provider
Additional Business: Brokerage
Region of Operation: National
Date of Inception: 1937
Walker & Dunlop is one of the nation's largest CRE finance companies providing financing and investment sales to owners of multifamily and commercial properties. The firms comprehensive suite of financing solutions allows it to originate loans for its own balance sheet, CMBS conduit, and investment partnerships, or for sale to the GSEs, HUD, life companies, banks and other CMBS providers. The company credits merger/acquisition, talent acquisition and increased client base organically with its growth over the past three years. In November 2012, Walker & Dunlop acquired CW Capital, doubling its size. And in December 2013, it acquired a capital markets team in Phoenix, adding a Tampa, FL capital markets team two months later. "These two acquisitions continued to broaden our presence across the industry," the firm says.
*Public companies cannot make projections
**Four-way tie for second place
WoodSpring Hotels
Wichita, KS
OVERALL GROWTH RANK: 2**
REVENUE GROWTH RANK: 5
EMPLOYEE HEADCOUNT GROWTH RANK: 2
2014 Revenue: $222,863,200
Three-Year Growth in Revenue: 24.51%
Projected Year-End 2015 Revenue: $247,080,532
Number of Employees in 2014: 775
Three-Year Growth in Number of Employees: 35%
2015 Projected Headcount: 1,022
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Head Executives:
Bruce Haase, Chief Executive Officer
Kyle Rogg, President and COO
Stuart Becker, CFO
Primary Business: Owner/Developer
Additional Business: Finance & Investment, Property/Facility Management
Region of Operation: National
Date of Inception: 2003
WoodSpring Hotels is the company behind the nation's fastest-growing value extended stay hotel brand with 198 hotels system-wide located in 30 states. The firm owns 87 hotel properties and provides management services for both company-owned and franchised locations under the WoodSpring Suites and Value Place brands. WoodSpring executives say they will continue to focus on strategic expansion across the US, and the firm expects to break ground on more than 30 additional properties over the next six months.
**Four-way tie for second place
MID-SIZED FIRMS: $11M to $100M in Average Annual Revenue
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Prime Property Investors Ltd.
Northbrook, IL
OVERALL GROWTH RANK: 1
REVENUE GROWTH RANK: 1
EMPLOYEE HEADCOUNT GROWTH RANK: 1
2014 Revenue: $46,811,569
Three-Year Growth in Revenue: 274.83%
Projected Year-End 2015 Revenue: $50,000,000
Number of Employees in 2014: 50
Three-Year Growth in Number of Employees: 150%
2015 Projected Headcount: 50
Head Executives:
Barbara J. Gaffen and Michael H. Zaransky, Co-Founders and Co-CEOs
Primary Business: Owner/Developer
Additional Business: Property/Facility Management
Region of Operation: National
Date of Inception: 1993
PPI is a nationally known niche real estate investment firm building a nationwide portfolio of student housing properties on university campuses, conventional class A apartment complexes and triple net-leased medical/healthcare real estate throughout the US. As a niche real estate investment firm, with a specialized expertise in high-growth asset classes, PPI stays focused on real estate providing an opportunity for increased cash flow and large appreciation. The company attributes its growth over the past three years to market expansion and partnerships.
It built a nationwide portfolio of student housing properties adjacent to seven college campuses; acquired several class A conventional apartment communities in the Chicago MSA and in Texas; and it entered a JV with Trammell Crow Residential in 2013 to develop a new ground-up class A apartment community in The Woodlands, TX. Over the next five years, it sees the biggest growth opportunities in value-add multifamily, class A multifamily development and healthcare real estate acquisition.
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Stoneleigh Cos. LLC
Barrington, IL
OVERALL GROWTH RANK: 2*
REVENUE GROWTH RANK: 4
EMPLOYEE HEADCOUNT GROWTH RANK: 2
2014 Revenue: $51,250,358
Three-Year Growth in Revenue: 152.41%
Projected Year-End 2015 Revenue: $55,088,949
Number of Employees in 2014: 19
Three-Year Growth in Number of Employees: 138%
2015 Projected Headcount: 23
Head Executives:
Richard Cavenaugh, President/CEO
Marty Eppel, Chief Operating Officer
James O'Kane, Chief Investment Officer
Charles Hall, Senior Vice President-Finance
Primary Business: Owner/Developer
Region of Operation: National
Date of Inception: 2008
Stoneleigh targets acquisition of existing apartment properties and development of new luxury communities in select markets. It operates 3,623 units, is under construction on two new assets comprising 538 units and planning development of 1,041 units in Houston and Chicago. In 2008, Stoneleigh began building a portfolio of income-producing multifamily assets. With acquisition cap rates dipping to decade lows in 2012, the company began focusing on new developments generating greater returns. The Stoneleigh team has tripled within three years, doubled its portfolio and has a pipeline that will bring its to over 5,200 units by 2018.
*Tie for second place
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Devonshire REIT Inc.
Whitehouse, OH
OVERALL GROWTH RANK: 2*
REVENUE GROWTH RANK: 2
EMPLOYEE HEADCOUNT GROWTH RANK: 4
2014 Revenue: $30,375,748
Three-Year Growth in Revenue: 235.34%
Projected Year-End 2015 Revenue: $52,888,000
Number of Employees in 2014: 36
Three-Year Growth in Number of Employees: 89%
2015 Projected Headcount: 37
Head Executives:
Chris Campbell, President & CEO
Dan Sandwisch, EVP & Chief Operations Officer
Mike Denman, EVP & Chief Investment Officer
Todd Latham, EVP & Chief Marketing Officer
Jeff Seiple, EVP & Director of Sales
Doug Dymarkowski, SVP & General Counsel
Primary Business: Owner/Developer
Additional Businesses: Finance & Investment
Region of Operation: National
Date of Inception: 2009
*Tie for second place
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Peachtree Hotel Group
Atlanta
OVERALL GROWTH RANK: 4*
REVENUE GROWTH RANK: 6
EMPLOYEE HEADCOUNT GROWTH RANK: 3
2014 Revenue: $73,537,586
Three-Year Growth in Revenue: 106.87%
Projected Year-End 2015 Revenue: $90,511,389
Number of Employees in 2014: 997
Three-Year Growth in Number of Employees: 110%
2015 Projected Headcount: 1,100
Head Executives:
Greg Friedman, CEO
Mitul Patel, COO
Jatin Desai, CIO
Primary Business: Finance & Investment
Additional Business: Owner/Developer
Region of Operation: National
Date of Inception: 2007
*Tie for fourth place
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Coldwell Banker Commercial Advisors
Salt Lake City
OVERALL GROWTH RANK: 4*
REVENUE GROWTH RANK: 5
EMPLOYEE HEADCOUNT GROWTH RANK: 4
2014 Revenue: $23,500,000
Three-Year Growth in Revenue: 115.6%
Projected Year-End 2015 Revenue: $27,500,000
Number of Employees in 2014: 180
Three-Year Growth in Number of Employees: 89%
2015 Projected Headcount: 230
Head Executives:
Brandon Fugal, Chair
Lew Cramer, CEO and President
Kevin Long, COO
Primary Business: Brokerage
Additional Businesses: Property/Facility Management
Regions of Operation: Southwest, West
Date of Inception: 1998
*Tie for fourth place
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The Bascom Group
Irvine, CA
OVERALL GROWTH RANK: 6
REVENUE GROWTH RANK: 3
EMPLOYEE HEADCOUNT GROWTH RANK: 10
2014 Revenue: $20,768,664
Three-Year Growth in Revenue: 219.19%
Projected Year-End 2015 Revenue: $21,000,000
Number of Employees in 2014: 17
Three-Year Growth in Number of Employees: -15%
2015 Projected Headcount: 20
Head Executives:
Derek M.D. Chen, Co-Founder and Chairman
David S. Kim, Co-Managing Partner
Jerome A. Fink, Co-Managing Partner
Primary Business: Owner/Developer
Region of Operation: National
Date of Inception: 1996
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Conti Organization
Addison, TX
OVERALL GROWTH RANK: 7
REVENUE GROWTH RANK: 7
EMPLOYEE HEADCOUNT GROWTH RANK: 7
2014 Revenue: $25,028,495
Three-Year Growth in Revenue: 80.36%
Projected Year-End 2015 Revenue: $29,700,000
Number of Employees in 2014: 89
Three-Year Growth in Number of Employees: 46%
2015 Projected Headcount: 91
Head Executives:
Carlos Vaz, Chief Executive Officer
Stewart Hsu, Chief Operating Officer
Primary Business: Owner/Developer
Region of Operation: Southwest
Date of Inception: 2008
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Ware Malcomb
Irvine, CA
OVERALL GROWTH RANK: 8
REVENUE GROWTH RANK: 10
EMPLOYEE HEADCOUNT GROWTH RANK: 6
2014 Revenue: $48,371,678
Three-Year Growth in Revenue: 52.06%
Projected Year-End 2015 Revenue: $60,300,000
Number of Employees in 2014: 236
Three-Year Growth in Number of Employees: 49%
2015 Projected Headcount: 271
Head Executives:
Lawrence R. Armstrong, Chief Executive Officer
Kenneth Wink, Executive Vice President
Jay Todisco, Executive Vice President
Primary Business: Architecture/Design
Region of Operation: National
Date of Inception: 1972
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Bellwether Enterprise
Cleveland
OVERALL GROWTH RANK: 9*
REVENUE GROWTH RANK: 9
EMPLOYEE HEADCOUNT GROWTH RANK: 8
2014 Revenue: $37,500,000
Three-Year Growth in Revenue: 62.34%
Projected Year-End 2015 Revenue: $66,200,000
Number of Employees in 2014: 130
Three-Year Growth in Number of Employees: 38%
2015 Projected Headcount: 189
Head Executives:
Ned Huffman, President
Debbie Rogan, Executive Vice President & COO
Primary Business: Finance & Investment
Additional Businesses: Lender/Capital Provider
Region of Operation: National
Date of Inception: 2008
*Tie for ninth place
Franklin Street
Tampa, FL
OVERALL GROWTH RANK: 9*
REVENUE GROWTH RANK: 8
EMPLOYEE HEADCOUNT GROWTH RANK: 9
2014 Revenue: $17,134,274
Three-Year Growth in Revenue: 67.36%
Projected Year-End 2015 Revenue: $20,000,000
Number of Employees in 2014: 224
Three-Year Growth in Number of Employees: 24%
2015 Projected Headcount: 230
Head Executive:
Andrew Wright, CEO and Managing Partner
Primary Business: Brokerage
Additional Businesses: Property/Facility Management, Insurance/Risk Management
Region of Operation: Southeast
Date of Inception: 2006
*Tie for ninth place
SMALL FIRMS: Up to $10M in Average Annual Revenue
Sandlapper Capital Investments LLC
Greenville, SC
OVERALL GROWTH RANK: 1*
REVENUE GROWTH RANK: 1
EMPLOYEE HEADCOUNT GROWTH RANK: 2
2014 Revenue: $6,390,365
Three-Year Growth in Revenue: 790.95%
Projected Year-End 2015 Revenue: $12,798,024
Number of Employees in 2014: 10
Three-Year Growth in Number of Employees: 233%
2015 Projected Headcount: 11
Head Executives:
Trevor L. Gordon, Founder and CEO
Jack C. Bixler, President
Ray Sun, Chief Investment Officer
Primary Business: Finance & Investment
Region of Operation: National
Date of Inception: 2011
Sandlapper Capital Investments is an opportunistic investment firm seeking assets for the purpose of creating securitized investment opportunities for accredited investors across a variety of industries and asset classes. The company attributes its growth over the past three years to market expansion, the addition of service lines and products and partnerships and by leveraging the collective experience of key staffers to re-enter markets showing renewed business development opportunities in a changing market environment. Over the next five years, Sandlapper Capital sees the most growth opportunities in creating real property solutions for the 1031 exchange buyer.
*Tie for first place
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Rosano Partners
Los Angeles
OVERALL GROWTH RANK: 1*
REVENUE GROWTH RANK: 2
EMPLOYEE HEADCOUNT GROWTH RANK: 1
2014 Revenue: $5,133,513
Three-Year Growth in Revenue: 356.10%
Projected Year-End 2015 Revenue: $6,508,611
Number of Employees in 2014: 26
Three-Year Growth in Number of Employees: 333%
2015 Projected Headcount: 51
Head Executives:
Sagiv Rosano, President & Founder
Ian Whitman, Chief Strategy & Operations Officer
Primary Business: Brokerage
Additional Businesses: Finance & Investment, Property/Facility Management
Region of Operation: West
Date of Inception: 2006
Rosano Partners uses technology and a diverse team to produce solutions in urban markets through Southern California, specializing in retail and multifamily, unique urban development opportunities and placements of equity or debt. Market expansion, talent acquisition, partnerships and increasing its client base organically have fueled its growth. Rosano also looks for ways to expand its team to include gender diversification, various ages and cultures and members of the LGBT community.
Meanwhile, the firm has introduced technology to help team members and clients make deals; It sees further opportunities in diversity, technology and lifestyle. According to Rosano's leaders, there is an opportunity to develop a company lifestyle that appeals to Millennials and other generations. As such, it selects offices in up-and-coming areas close to transportation hubs, housing and retail to provide work/life balance to its team.
*Tie for first place
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Skyline Seven Real Estate
Atlanta
OVERALL GROWTH RANK: 3
REVENUE GROWTH RANK: 3
EMPLOYEE HEADCOUNT GROWTH RANK: 4
2014 Revenue: $2,151,310
Three-Year Growth in Revenue: 337.81%
Projected Year-End 2015 Revenue: $2,534,385
Number of Employees in 2014: 14
Three-Year Growth in Number of Employees: 133%
2015 Projected Headcount: 16
Head Executives:
Kenny Holzer, Chief Executive Officer
Ryan Holzer, Senior Vice President
Primary Business: Brokerage
Additional Businesses: Property/Facility Management
Region of Operation: Southeast
Date of Inception: 2010
Sands Investment Group
Santa Monica, CA
OVERALL GROWTH RANK: 4*
REVENUE GROWTH RANK: 7
EMPLOYEE HEADCOUNT GROWTH RANK: 3
2014 Revenue: $3,211,384
Three-Year Growth in Revenue: 69.96%
Projected Year-End 2015 Revenue: $4,909,690
Number of Employees in 2014: 3
Three-Year Growth in Number of Employees: 200%
2015 Projected Headcount: 23
Head Executives: Chris Sands, Founder & CEO
Liz Sands, Co-Founder & VP, Marketing
Joshua Bliss, VP of Operations
Andrew Ackerman, Managing Director
Dan Hoogesteger, Managing Director
Max Freedman, Managing Director
Primary Business: Brokerage
Additional Business: Consultants & Service Providers
Region of Operation: National
Date of Inception: 2010
*Tie for fourth place
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CPEX Real Estate Services
Brooklyn, NY
OVERALL GROWTH RANK: 4*
REVENUE GROWTH RANK: 6
EMPLOYEE HEADCOUNT GROWTH RANK: 4
2014 Revenue: $6,420,994
Three-Year Growth in Revenue: 123.95%
Projected Year-End 2015 Revenue: $7,435,000
Number of Employees in 2014: 14
Three-Year Growth in Number of Employees: 133%
2015 Projected Headcount: 24, with 40 independent contractors in sales
Head Executives: Timothy D. King, Managing Partner
Brian T. Leary, Managing Partner
Gregory H. Roberts, Partner and Chief Operating Officer
Primary Business: Brokerage
Region of Operation: Northeast
Date of Inception: 2008
*Tie for fourth place
Neighborhood Development Co.
Washington, DC
OVERALL GROWTH RANK: 6
REVENUE GROWTH RANK: 4
EMPLOYEE HEADCOUNT GROWTH RANK: 7
2014 Revenue: $11,130,000
Three-Year Growth in Revenue: 289.16%
Projected Year-End 2015 Revenue: $5,000,000
Number of Employees in 2014: 16
Three-Year Growth in Number of Employees: 100%
2015 Projected Headcount: 19
Head Executives:
Adrian Washington, Chief Executive Officer
Juan Powell, Chief Operating Officer
Primary Business: Owner/Developer
Additional Businesses: Finance & Investment, Construction Services/Engineering
Region of Operation: Northeast, Mid-Atlantic
Date of Inception: 1999
EDGE Commercial Real Estate
Gaithersburg, MD
OVERALL GROWTH RANK: 7
REVENUE GROWTH RANK: 5
EMPLOYEE HEADCOUNT GROWTH RANK: 9
2014 Revenue: $7,716,000
Three-Year Growth in Revenue: 131.29%
Projected Year-End 2015 Revenue: $6,500,000
Number of Employees in 2014: 18
Three-Year Growth in Number of Employees: 38%
2015 Projected Headcount: 25
Head Executive:
Joseph A. Sutton, Jr., Managing Partner
Primary Business: Brokerage
Additional Businesses: Finance & Investment, Consultants & Service Providers, Property/Facility Management, Construction Services/Engineering
Region of Operation: Mid-Atlantic
Date of Inception: 2007
Cardinal Group Cos.
Denver
OVERALL GROWTH RANK: 8
REVENUE GROWTH RANK: 9
EMPLOYEE HEADCOUNT GROWTH RANK: 6
2014 Revenue: $3,386,965
Three-Year Growth in Revenue: 56.47%
Projected Year-End 2015 Revenue: $5,100,000
Number of Employees in 2014: 205
Three-Year Growth in Number of Employees: 128%
2015 Projected Headcount: 450
Head Executives:
Del de Windt, Chief Executive Officer
Alex O'Brien, President
Eric Frank, Managing Principal
Primary Business: Property/Facility Management
Additional Businesses: Finance & Investment, Owner/Developer, Consultants & Service Providers, Construction Services/Engineering
Region of Operation: National
Date of Inception: 2009
Peak Campus
Atlanta
OVERALL GROWTH RANK: 9
REVENUE GROWTH RANK: 8
EMPLOYEE HEADCOUNT GROWTH RANK: 8
2014 Revenue: $10,579,583
Three-Year Growth in Revenue: 58.66%
Projected Year-End 2015 Revenue: $14,283,403
Number of Employees in 2014: 490
Three-Year Growth in Number of Employees: 77%
2015 Projected Headcount: 613
Head Executive:
Bob Clark, President
Primary Business: Property/Facility Management
Region of Operation: National
Date of Inception: 2011
US Debt Ventures Management LP
Fort Lauderdale
OVERALL GROWTH RANK: 10
REVENUE GROWTH RANK: 10
EMPLOYEE HEADCOUNT GROWTH RANK: 10
2014 Revenue: $1,171,983
Three-Year Growth in Revenue: 23.81%
Projected Year-End 2015 Revenue: $1,100,000
Number of Employees in 2014: 4
Three-Year Growth in Number of Employees: -50%
2015 Projected Headcount: 8
Head Executive:
Todd Billings, Chief Executive Officer
Primary Business: Finance & Investment
Region of Operation: National
Date of Inception: 2011
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